$10,000

closing credit¹

758 Cerritos Ave Long Beach, CA 90813

$1,799,000
0.1 acres
Condo

Property details

About 758 Cerritos Ave

Investment Opportunity; 7-Unit Property Near Downtown Long Beach. This 7-unit property is an excellent option for investors looking to maximize rental income. Located near downtown Long Beach, it is surrounded by numerous apartment buildings, ensuring a steady demand for housing in the area. The property includes four vacant units, ready to be rented at market rates, offering immediate income potential. Each unit features 1 bedroom and 1 bathroom, making them highly attractive to a wide range of tenants. Conveniently located near public transportation, shops, and local amenities.

Highlights

Home typeCondominium
StatusActive
Lot size0.1453 Acres
Year built1959
MLS #PW24247969
Garage4 spaces

Summary

  • MLS Number: PW24247969
  • MLS Name: CRMLS
  • Office Name: REMAX Proper
  • Office Phone: (562) 310-3742
  • Listing Agent: Visakha Sir

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/8/2025, 6:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home

$1,799,000

758 Cerritos Ave

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 19, 2017
Home Sold
$5,645,455
Sep 30, 2013
Home Sold
$630,000
Aug 27, 2003
Home Sold
$480,000

Tax history

YearAssessmentProperty Tax
2024$1,252,928$16,886
2023$1,228,388$16,593
2022$1,204,328$15,587
2021$1,180,741$15,261
2020$1,167,328$15,044
2019$1,144,440$14,603
2018$1,122,000$9,153
2017$665,433$9,153

History based on county public records data.

Nearby schools

6

Lincoln Elementary School

Public District KG-5

0.3 mi

1175 E 11th St

5

Robert Louis Stevenson Elementary School

Public District KG-5

0.4 mi

515 Lime Ave

5

Oropeza Elementary School

Public District KG-5

0.7 mi

700 Locust Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $29,000. The majority of Long Beach, CA residents have income less than $<35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

58%
<35k
39%
35k-100k
1%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

37%
Single, No Kids
29%
Single, with Kids
7%
Married, No Kids
27%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
12%
12-17 yrs old
30%
18-34 yrs old
32%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • NissanNissan
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 758 Cerritos Ave

This home is located at 758 Cerritos Ave in Long Beach, CA and zip code 90813 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $1,799,000.

In January 2025 more than 63 listings in Long Beach, CA were sold above the asking price. During the same period more than 35 listings were sold at asking price, while more than 53 were sold below. In January 2025 in Long Beach, CA there were 5.6% more homes for sale than in December. In January 2025, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $825,147.

From Rocket Homes Real Estate and based on county public records data.

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